Business

IEA Forecasts Global Oil Supply to Plunge Below Demand in 2026

Doha: The International Energy Agency (IEA) has predicted a decline in global oil demand in 2026, averaging 104 million barrels per day, which is 1.3 million barrels per day lower than the pre-war forecast.

According to Qatar News Agency, the IEA a…

QSE Index Gains 13.41 Points at Start of Trading

Doha: The Qatar Stock Exchange (QSE) general index gained 13.41 points, or 0.13%, at the start of Wednesday’s trading, up to 10,537 points compared to the previous session’s closing, backed by four sectors.

According to Qatar News Agency, market dat…

Kuwaiti Oil Price Up by $3.76 a Barrel

Kuwait city: Kuwait crude oil price rose by $3.76 to reach $121.82 per barrel (pb) on Tuesday’s trading, compared to $118.06 pb on Monday, Kuwait Petroleum Corporation (KPC) said Wednesday.

According to Qatar News Agency, in global markets, Brent cr…